The Indianapolis Colts are making a bold move by finalizing a two-year contract with veteran quarterback Daniel Jones, valued at up to $100 million, with a base of $88 million. This deal underscores the Colts' commitment to Jones, who was ranked as the top quarterback among free agents this year.
Jones, originally drafted sixth overall by the New York Giants in 2019, had a rollercoaster journey with the team, leading them to the playoffs in 2022 before being released in 2024. His career took a turn for the better when he joined the Colts on a one-year deal last year, quickly proving his worth by securing the starting job over Anthony Richardson Sr. Jones led the Colts to an impressive 8-2 start, placing them atop the AFC standings.
His performance was stellar until a fractured left fibula and a torn right Achilles tendon sidelined him. Despite these setbacks, Jones plans to be back by training camp in July, a testament to his determination and resilience.
At 29, Jones wrapped up the 2025 season with 19 touchdown passes, eight interceptions, and a 68.0% completion rate, not to mention five rushing touchdowns. His ability to thrive in the right system is evident, though injuries have been a persistent hurdle, allowing him to complete only one full season in his seven-year career.
Jones' return is pivotal for the Colts, particularly in retaining standout receiver Alec Pierce. The duo's chemistry was a highlight last season, and their continued partnership could be a game-changer for the team.
Jones' new contract cements his role as the starting quarterback moving forward. Last season, his leadership helped the Colts break several longstanding records, including winning their first season opener since 2013 and achieving a 2-0 start for the first time since 2009. The Colts' offense was formidable, averaging 3.17 points per drive in their first 10 games, one of the highest in recent history.
However, Jones' injury history remains a concern. He hasn't played a full season since 2022, and the Achilles injury is significant.
As the Colts look to the future, the quarterback depth chart may shift with Richardson requesting a trade. The team plans to find a suitable trade partner for Richardson, who has struggled to find his footing in Indianapolis.
Financially, Jones' new deal offers the Colts some flexibility. By spreading his cap hit over multiple seasons, they can better address other roster needs, particularly on defense.
The Colts are banking on Jones to lead them forward, especially after trading away their 2026 and 2027 first-round picks for star cornerback Sauce Gardner. Their belief in Jones’ potential, despite his recent injuries, highlights their commitment to stability at the quarterback position. As the 2026 season approaches, all eyes will be on Jones to see if he can deliver on the promise he showed last year.